YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Declares $0.11 Dividend

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) declared a dividend on Wednesday, January 7th. Shareholders of record on Thursday, January 8th will be given a dividend of 0.1104 per share on Friday, January 9th. This represents a dividend yield of 3,581.0%. The ex-dividend date of this dividend is Thursday, January 8th.

YieldMax TSM Option Income Strategy ETF Stock Performance

Shares of TSMY stock traded down $0.25 during trading hours on Wednesday, hitting $16.03. 65,464 shares of the company were exchanged, compared to its average volume of 94,466. The company has a 50 day simple moving average of $15.66 and a two-hundred day simple moving average of $16.07. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $12.10 and a fifty-two week high of $20.56.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.